Atwood & Palmer Inc. Increases Position in Palmer Square Credit Opportunities ETF $PSQO

Atwood & Palmer Inc. increased its stake in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO – Free Report) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,153,188 shares of the company’s stock after buying an additional 104,210 shares during the period. Palmer Square Credit Opportunities ETF accounts for 2.4% of Atwood & Palmer Inc.’s portfolio, making the stock its 11th largest position. Atwood & Palmer Inc. owned approximately 14.37% of Palmer Square Credit Opportunities ETF worth $44,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of PSQO. Advisory Resource Group grew its holdings in shares of Palmer Square Credit Opportunities ETF by 27.5% during the 4th quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock worth $22,861,000 after acquiring an additional 239,387 shares during the period. Endeavor Private Wealth Inc. lifted its stake in shares of Palmer Square Credit Opportunities ETF by 20.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 16,359 shares of the company’s stock valued at $338,000 after purchasing an additional 2,734 shares during the period. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of Palmer Square Credit Opportunities ETF in the 2nd quarter valued at approximately $202,000.

Palmer Square Credit Opportunities ETF Trading Down 0.1%

Shares of NYSEARCA PSQO traded down $0.03 during mid-day trading on Thursday, hitting $20.53. 59,597 shares of the stock traded hands, compared to its average volume of 76,438. The stock has a fifty day moving average price of $20.77 and a 200-day moving average price of $20.73. Palmer Square Credit Opportunities ETF has a 52 week low of $19.76 and a 52 week high of $21.53.

Palmer Square Credit Opportunities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.2675 per share. This is an increase from Palmer Square Credit Opportunities ETF’s previous quarterly dividend of $0.2409. This represents a $1.07 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Thursday, September 24th.

Palmer Square Credit Opportunities ETF Profile

(Free Report)

The Palmer Square Credit Opportunities ETF (PSQO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks high current income and long-term capital growth through an actively managed portfolio that holds debt securities of any credit rating and maturity issued by governments and corporations from around the globe. PSQO was launched on Sep 11, 2024 and is issued by Palmer Square.

Further Reading

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Institutional Ownership by Quarter for Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO)

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